New Zealand Dollar rwandan franc exchange rate history (NZD RWF) August 2023

New Zealand Dollar rwandan franc history for August 2023. The highest quote for this month is 724.18 (01/08/2023) and the lowest 722.34 (01/08/2023). The difference between high and low is 0.25.

NZD RWF average rate for August 2023 is 701.9956, the change between 01/08/2023 and 31/08/2023 is +2.95 %.

01 August 2023	1 NZD = 723.5 RWF
02 August 2023	1 NZD = 716.7 RWF
03 August 2023	1 NZD = 708.3 RWF
04 August 2023	1 NZD = 708.6 RWF
07 August 2023	1 NZD = 705.3 RWF
08 August 2023	1 NZD = 708.1 RWF
09 August 2023	1 NZD = 705.0 RWF
10 August 2023	1 NZD = 706.3 RWF
11 August 2023	1 NZD = 701.0 RWF
12 August 2023	1 NZD = 701.5 RWF
14 August 2023	1 NZD = 700.6 RWF
15 August 2023	1 NZD = 700.2 RWF
16 August 2023	1 NZD = 698.8 RWF
17 August 2023	1 NZD = 695.2 RWF
18 August 2023	1 NZD = 695.7 RWF
20 August 2023	1 NZD = 696.3 RWF
21 August 2023	1 NZD = 691.3 RWF
22 August 2023	1 NZD = 697.3 RWF
23 August 2023	1 NZD = 698.6 RWF
24 August 2023	1 NZD = 702.6 RWF
25 August 2023	1 NZD = 697.3 RWF
28 August 2023	1 NZD = 693.8 RWF
29 August 2023	1 NZD = 693.3 RWF
30 August 2023	1 NZD = 702.4 RWF
31 August 2023	1 NZD = 702.2 RWF

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

Historic New Zealand Dollar Rwandan franc